Northern Dynasty Minerals Ltd (NAK)

[Investinator5]

While I agree with your general premise, we have a different situation here. NAK's strategy (according to Ron Thiessen) is to get the EIS draft in 2019, and then sell off its remaining 50% interest to a major mining company. Thus, we don't have to wait many years for mining operations to start. We have to wait until 2019 at the latest (of course another mining company may come in at any time and buy at a lower price before the EIS draft is out, because they'll be able to pay less than they would once the EIS draft is out).

And as you said the stock will go up on news... there will be many announcements coming up (when Army Corps of Engineers accept the application and deem it complete, every time NAK files an application with other federal and state agencies, etc.).